Lsb Industries Inc. (LXU) vs Olin Corporation (OLN)

Lsb Industries Inc. and Olin Corporation are both Chemicals companies. Olin Corporation is the larger, with a market value of $1.9B against $726.5M — 2.6× the size. Olin Corporation has negative trailing earnings, so its P/E is not meaningful; Lsb Industries Inc. trades at 19.8×. Lsb Industries Inc. grew revenue faster over the last twelve months: 22.1% against 0.60%. Lsb Industries Inc. has the higher net margin (5.58% vs −2.94%) and the higher return on invested capital (5.12% vs −1.44%). Across the 20 metrics below, Lsb Industries Inc. leads on 17 and Olin Corporation on 3.

Valuation

Metric LXU OLN Chemicals median
P/E 19.78 n/m —
P/S 1.09 0.28 0.44
P/B 1.33 1.09 1.13
Price to free cash flow 7.36 18.60 7.30
EV/EBITDA 6.34 12.29 9.48
EV/Sales 1.43 0.72 0.86
Earnings yield 5.06% (10.53%) (10.53%)
Free cash flow yield 13.58% 5.38% 4.86%

Profitability

Metric LXU OLN Chemicals median
Gross margin 17.32% 6.87% 16.03%
Operating margin 9.53% (1.57%) (0.82%)
Net margin 5.58% (2.94%) (3.05%)
Free cash flow margin 14.79% 1.50% 1.50%
Return on equity 7.10% (10.64%) (5.24%)
Return on assets 3.12% (2.61%) (2.51%)
Return on invested capital 5.12% (1.44%) (0.75%)

Growth

Metric LXU OLN Chemicals median
Revenue growth (TTM) 22.12% 0.60% 2.53%
EPS growth (last fiscal year) 225.93% (196.95%) —
Revenue growth, 5-year CAGR 11.86% 3.32% 2.20%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LXU OLN Chemicals median
Debt to equity 0.83 1.77 0.71
Current ratio 2.43 1.42 1.99
Net debt to EBITDA 2.15 5.05 3.49

Dividend

Metric LXU OLN Chemicals median
Dividend yield — 1.63% 2.33%
Payout ratio 0.00 0.13 0.00

Size

Metric LXU OLN Chemicals median
Market cap 726.45m 1.91b 643.59m

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